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Dec 6, 2012
12/12
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it actually blamed the fiscal cliff in part, as well as super storm sandy. the ceo said consumers were distracted by the cliff. the storm and the election. staying with clothing, vera bradley -- well, handbags. those shares also tanking and they are blaming sandy as well but also noted their holiday season is off to a slow start. jeffri jeffries raising the tart fro tm $22 to $20. not all bad news. finisar, higher demand for tranceivers. what else? the stock down 17% year to date. finally, zynga. take a look at shares. they are up nearly 7% because they filed for a gambling license. that is right. the virtual game company wants to become a real poker company. let's bring in julia boorstin with more on this zynga story. seems like if they get it, a completely transformative thing. >> it would be transformative and zynga's definitely pushing forward with its plans to eventually make money from online gambling but the key thing here is that this is really a ways off. the stock soared as much as 9% higher this morning after it came out that zynga applied for rea
it actually blamed the fiscal cliff in part, as well as super storm sandy. the ceo said consumers were distracted by the cliff. the storm and the election. staying with clothing, vera bradley -- well, handbags. those shares also tanking and they are blaming sandy as well but also noted their holiday season is off to a slow start. jeffri jeffries raising the tart fro tm $22 to $20. not all bad news. finisar, higher demand for tranceivers. what else? the stock down 17% year to date. finally,...
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Nov 30, 2012
11/12
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on october 31st. >> that goes back to blame the sandy. we know we'll see a lot more of that. super value is a great story. all you have to do is look at the sales decline of this company. you wonder what the buyers are really looking at here when they look at the debt, combined with the sales and earnings decline, it is so enormous, just go look at a chart of it and you'll wonder what these guys are seeing. >> i remember a number of years ago before i joined cnbc, i was at another network and i went po minneapolis and met with the then-ceo of super value right after they did this deal. because they were a distributor and a wholesaler. then they bought cub foods and they got more into the retail game, changed their game, spending a lot, borrowing a lot, their debt rating was junk. he seemed very confident. he's gone now. >> i wonder how it lost its way in such a grand way. new until you see the numbers you don't realize how bad it is. >> do you think there's another lesson here because super value should be perceived as a "safe" company gi
on october 31st. >> that goes back to blame the sandy. we know we'll see a lot more of that. super value is a great story. all you have to do is look at the sales decline of this company. you wonder what the buyers are really looking at here when they look at the debt, combined with the sales and earnings decline, it is so enormous, just go look at a chart of it and you'll wonder what these guys are seeing. >> i remember a number of years ago before i joined cnbc, i was at another...
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Nov 13, 2012
11/12
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some of this, some of it is due to hurricane sandy but much on speculation on the fiscal cliff. retails a great day. home depot, 12-year high good reports from dick's sporting good, tjx, michael kors. the head of home depot very neutral, putty, toll to the upside. >> good to see you as always. thank you, my dear. seema mody to the nasdaq, she is following the big movers. >> technology a sore spot for the markets now the s and p tech index trading in correction territory, microsoft down on the departure of the windows division head. management shakeups the street likes, this one they clearly don't a quick check on social media stocks, facebook shares under a little bit of pressure as the street braces for a possible postlockup selling, the biggest lockup since facebook went public. roughly 800 million shares, sue, back to you. >> thank you very much, seem ma. to the bond market now, rick santelli is tracking the action for us at the cme. how are yields doing today, ricky? >> still continues to be a one-way market. the only thing we a by how big of a one-way street is it on? today
some of this, some of it is due to hurricane sandy but much on speculation on the fiscal cliff. retails a great day. home depot, 12-year high good reports from dick's sporting good, tjx, michael kors. the head of home depot very neutral, putty, toll to the upside. >> good to see you as always. thank you, my dear. seema mody to the nasdaq, she is following the big movers. >> technology a sore spot for the markets now the s and p tech index trading in correction territory, microsoft...
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Dec 3, 2012
12/12
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sandy. post-sandy storm. buying in the new york, new jersey area. in fact when you talk with dealers in that area they say they saw sales gained throughout the month and that's good news for luxury automakers. bmw just reported sales increasing 38.8% for the year. they've sold almost a quarter million bmws here in the united states and as a company, when you lump in mini , they believe they'll excel past the record of 2007. let's look at the monthly sales rate or annual sales rate. right now we are on track to finish this year probably at about 14 1/2 million. that's going to fall shy of the 16 million in 2007 but above what we saw in 2008. it's certainly what we were expecting and we'll have even stronger numbers in december. >> it is a really good numbers from honda as well. phil lebeau, thank you for that. >>> twint che >>> i want to check back in with jackie deangelis. president taking questions via twitter. >> the first question was@paulmmckenzie. can you assure us that any fiscal cliff negotiations regarding entitlement reform will not hurt th
sandy. post-sandy storm. buying in the new york, new jersey area. in fact when you talk with dealers in that area they say they saw sales gained throughout the month and that's good news for luxury automakers. bmw just reported sales increasing 38.8% for the year. they've sold almost a quarter million bmws here in the united states and as a company, when you lump in mini , they believe they'll excel past the record of 2007. let's look at the monthly sales rate or annual sales rate. right now we...
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Dec 16, 2020
12/20
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-sandy, this is marcus. -sandy: hi. lemonis: hi, sandy. i'm marcus. sandy: it's a pleasure to meet you. shauna: sandy's in charge of all of our candy and merchandise. lemonis: and so your full-time job is the candy store? sandy: no. h.r., payroll duties. this is last on my list. -lemonis: yeah. -sandy: yeah. lemonis: i've never seen a candy store or any retail business that has its h.r. director running the merchandise. i guess i shouldn't be that surprised. if they don't see the importance of having their ice cream be special, why would the candy be any different? it's a nice attempt at a theme, but i'm not really sure that the theme's clear to me. when you walk in the front door, it looks like they went to the local convenience store and just said, "give me some lollipops and some sweet tarts." it's not nostalgic. there's nothing really curated. and what's this -- all this bacon? why do you have bacon cotton candy? sandy: people like bacon right now. same thing with the bacon soda. lemonis: i mean, i know the craze with bacon, but how does it connec
-sandy, this is marcus. -sandy: hi. lemonis: hi, sandy. i'm marcus. sandy: it's a pleasure to meet you. shauna: sandy's in charge of all of our candy and merchandise. lemonis: and so your full-time job is the candy store? sandy: no. h.r., payroll duties. this is last on my list. -lemonis: yeah. -sandy: yeah. lemonis: i've never seen a candy store or any retail business that has its h.r. director running the merchandise. i guess i shouldn't be that surprised. if they don't see the importance of...
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Oct 29, 2012
10/12
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continuing coverage of hurricane sandy. nearly 14,000 flights have been canceled due to hurricane sandy. more specifics on the impact on air travel from new york based jetblue. it has a major presence along the east coast. on the telephone with me is the jetblue chief operating officer. good to have you on the program. can you update us on how many flights have you cancelled and when you think you will be able to get stranded travelers moving again? >> good to be with you. as i sit here today in long island city we are -- cancelled about 1,200 pilots through the early part of wednesday. we are planning right now to begin bringing flights back to boston on tuesday night. then trying at the infrastructure ready for us and -- what -- subways and bridges and -- mass trance and it all that kind of good stuff if they can come back reliably tuesday night into wednesday we will try to begin operating into new york sometime on wednesday. >> we have got 12 had 00 flight cancelations at jetblue is that the right number? 1300 flights?
continuing coverage of hurricane sandy. nearly 14,000 flights have been canceled due to hurricane sandy. more specifics on the impact on air travel from new york based jetblue. it has a major presence along the east coast. on the telephone with me is the jetblue chief operating officer. good to have you on the program. can you update us on how many flights have you cancelled and when you think you will be able to get stranded travelers moving again? >> good to be with you. as i sit here...
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Oct 30, 2012
10/12
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sandy won't quit. if you look right here, there is a new belt of showers and thunderstorms that have formed. gusty storms that are affecting that wart of the country. even the north eastern united states on the coast line is in part of the storm. right in through chicago coming in through the great lakes that is where the winds are funneling in from the north. same winds edge of the storm that moved in on the coast line. that is number two. and three of course, we have a lot of air play in through here. let's zero in on west virginia. it is not only snowing there, they have had over two feet around 30 inches of snow. if you look at the video, from west virginia and from the western pan hand handle of mary they have had not only 30 inches of snow, but another foot that is going to come in the next 24 hours. even though the really big punch from sandy is over, there are still more problems to come. when we get to tomorrow night we will finally be able to breathe a sigh of relief. >> todd unbelievable. ou
sandy won't quit. if you look right here, there is a new belt of showers and thunderstorms that have formed. gusty storms that are affecting that wart of the country. even the north eastern united states on the coast line is in part of the storm. right in through chicago coming in through the great lakes that is where the winds are funneling in from the north. same winds edge of the storm that moved in on the coast line. that is number two. and three of course, we have a lot of air play in...
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Jul 25, 2012
07/12
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do you agree with sandy weill's call to break up the banks? tomorrow, barney frank will be with me weighing in on the potentially hot news of breaking up the big banks. we have paul ryan on deck today, is a short break and then more market coverage. up 56 points right now with 30 minutes until the closing bell sounds. >> new regulations mean nothing and regulators are not enforcing existing rules on the book. we need regulators doing their job. >> that's the chairman of the house agricultural committee for not cating the -- pergrime scandal. if you are one of the millions of men who have used androgel 1%, there's big news. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone replacement therapy. it raises your testosterone levels, and... is concentrated, so you could use less gel. and with androgel 1.62%, you can save on your monthly prescription. [ male announcer ] dosing and application sites between these products differ. women and children s
do you agree with sandy weill's call to break up the banks? tomorrow, barney frank will be with me weighing in on the potentially hot news of breaking up the big banks. we have paul ryan on deck today, is a short break and then more market coverage. up 56 points right now with 30 minutes until the closing bell sounds. >> new regulations mean nothing and regulators are not enforcing existing rules on the book. we need regulators doing their job. >> that's the chairman of the house...
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May 1, 2019
05/19
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why, sandy? sandy: to hopefully give us the resources to go further. lemonis: where i got hung up is this notion of how some people don't get paid but they write checks and they invest. and so, out of that $300,000, $50,000 is gonna go towards giving josh his money back. out of everybody in this room, including them, you've written the biggest check in the room. did you know that? -josh: i didn't know. lemonis: and you work here and you don't get paid. and so, i think that level of dedication is the reason that i came back today. sandy, i feel like you should have some equity in the business. -sandy: thank you. -lemonis: you're full time. you're a department manager. and so is chris. you're also a department manager. and so, the idea was $300,000 for 40%. out of that 40%, you're getting 5%, you're getting 5%, and you're getting 5%. that's out of my pocket. -josh: sounds great. that's really cool of you to give me that sort of deal, and i appreciate it. lemonis: you guys do great work. the product's legit. i mean, it's good. every single one of you cont
why, sandy? sandy: to hopefully give us the resources to go further. lemonis: where i got hung up is this notion of how some people don't get paid but they write checks and they invest. and so, out of that $300,000, $50,000 is gonna go towards giving josh his money back. out of everybody in this room, including them, you've written the biggest check in the room. did you know that? -josh: i didn't know. lemonis: and you work here and you don't get paid. and so, i think that level of dedication...
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Nov 1, 2012
11/12
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it was the first post-sandy opening here on wall street. it was pretty flat, even though volume picked up at the end of the day. today we're seeing money move into equities. >> how we closed yesterday didn't really matter. it was just the fact it was open for trading. it's interesting to see this gain today as we were talking with the guys last segment. the dow up 128 points. the nasdaq with a stellar gain of 1.4%. the s&p up more than 1% on this first trading day of the new month here. as we get ready for the jobs number tomorrow, we think about the jobs -- or all the of the economic data today was good. the manufacturing, the construction spending, the adp jobs number, the private sector number, has now changed their me methodology and broadly expanded the number of sampling they take, so it may be closer in correlation to what the jobs number tomorrow looks like. today's number was a gain of 158,000 jobs, which was above expectations. so who knows what that will mean for tomorrow. >> yeah, it's really interesting. why are we changing the
it was the first post-sandy opening here on wall street. it was pretty flat, even though volume picked up at the end of the day. today we're seeing money move into equities. >> how we closed yesterday didn't really matter. it was just the fact it was open for trading. it's interesting to see this gain today as we were talking with the guys last segment. the dow up 128 points. the nasdaq with a stellar gain of 1.4%. the s&p up more than 1% on this first trading day of the new month...
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Nov 14, 2012
11/12
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about what sandy can mean. home depot lost more stores and had more stores close off irene but substantial off sandy. i have to get to home depot that is in long island. i think that's going to be the tell this weekend if we can get there, david. >> are we going to try? >> you both are going to try. >> i want to take david to home depot. they have everything there. you would be just shocked. >> going out for ice cream. >> as long as we don't have to try on women's shoes. >> that is just -- they just opened another -- in the saks call they talked about another zip code store in florida where there's a whole floor of shoes. what we could do is we would take a winter break together and visit that zip code opposed to the zip code of -- >> if we're going down there, i might do it. i might do it. warmer weather you can show off your legs so that's nice too. >> okay. maybe we go to tampa bay. see what they have. >> i hear all of the action is in tampa. >> south beach. if you're going to do it, do it. >> you should do
about what sandy can mean. home depot lost more stores and had more stores close off irene but substantial off sandy. i have to get to home depot that is in long island. i think that's going to be the tell this weekend if we can get there, david. >> are we going to try? >> you both are going to try. >> i want to take david to home depot. they have everything there. you would be just shocked. >> going out for ice cream. >> as long as we don't have to try on women's...
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Nov 13, 2012
11/12
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for the first time, some of the northeastern utilities have been weak because of the concerns over sandy. by and large, fiscal cliff, higher taxes on dividend stocks a major reason we have seen the stocks weak. the first day we have seen a turn around, this is important, dividends more important than ever, virtuely a human part of the overall stock business. put up the numbers. this month, folks, the all-time record for dividend payout. got off the phone with standard and poor's, track this $35 billion payout in the month of november. pay out stocks four times a year, an all-time historic payout month, 35 billion. february, 31 billion. see that difference, $4 billion? raising dividends most of the year. you know the company most important in this overall equation, you know what it is, it is apple. apple reinstated the dividend in the last several months, i believe august they started paying as well. they are now paying $2.60 cents here, a big factor why dividends are going up here. you see apple on the upside today. brian, my own sense on this thing, instead of 15%, not going to be 40% t
for the first time, some of the northeastern utilities have been weak because of the concerns over sandy. by and large, fiscal cliff, higher taxes on dividend stocks a major reason we have seen the stocks weak. the first day we have seen a turn around, this is important, dividends more important than ever, virtuely a human part of the overall stock business. put up the numbers. this month, folks, the all-time record for dividend payout. got off the phone with standard and poor's, track this $35...
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Oct 29, 2012
10/12
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continue to watch cnbc as we continue to watch sandy. you stay safe, my dear, too. >> i shall, indeed. thanks for watching. that will do it for "power lunch." >> special edition of "street signs" starts right now. >>> the days ahead are going to be very difficult. there will be people who die and are killed in this storm. >> sobering comments from maryland governor martin o'malley as hurricane sandy takes aim at the northeast. it will be likely one of the most powerful and expensive storms of the past 100 years. >>> welcome to this special edition of "street signs." >> at this hour sandy inching closer to the east coast bringing the rains, tens of thousands of power outages already and causing the closure of the new york stock exchange today and tomorrow as well. we have the latest track on sandy for you, but first of all, let's start off with our reporters live across the northeast. we begin now with our scott cohn in battery park near wall street. scott, what's the latest down there? >> reporter: well, mandy, as you can see, the wind i
continue to watch cnbc as we continue to watch sandy. you stay safe, my dear, too. >> i shall, indeed. thanks for watching. that will do it for "power lunch." >> special edition of "street signs" starts right now. >>> the days ahead are going to be very difficult. there will be people who die and are killed in this storm. >> sobering comments from maryland governor martin o'malley as hurricane sandy takes aim at the northeast. it will be likely one...
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Oct 30, 2012
10/12
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since sandy hit. she joins us next on the aftermath of this superstorm. >>> also ahead -- >> i appreciate the presence, telephone call. if we need something, i have the number and i'll be sure to use it. >> new jersey governor and mitt romney supporter chris christie setting politics aside because of sandy. how will the superstorm impact the presidential election just one week away? i'll speak with pennsylvania governor ed remember dell on the back half of this show. don't miss it. ♪ [ male announcer ] the way it moves. the way it cleans. everything about the oral-b power brush is simply revolutionary. oral-b power brushes oscillate, rotate and even pulsate to gently loosen and break up that sticky plaque with more brush movements than manual brushes and even up to 50% more than leading sonic technology brushes for a superior clean. oral-b power brushes. go to oralb.com for the latest offers. oral-b power brushes. if we want to improve our schools... ... what should we invest in? maybe new buildings
since sandy hit. she joins us next on the aftermath of this superstorm. >>> also ahead -- >> i appreciate the presence, telephone call. if we need something, i have the number and i'll be sure to use it. >> new jersey governor and mitt romney supporter chris christie setting politics aside because of sandy. how will the superstorm impact the presidential election just one week away? i'll speak with pennsylvania governor ed remember dell on the back half of this show. don't...
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Nov 2, 2012
11/12
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we saw it after katrina and sandy will be no different. why? of course, because people are trying to salvage what they can from their homes before they rebuild or repair and they need someplace to put it. plus, you've got builders, contractors, clean-up crews, they need somewhere to put their equipment. again, self-storage. what are the reits that will see the most action? extra space storage where we are today, sovereign self-storage, and cube smart, to name a few. demand from sandy will drive revenue growth in the first half of 2013. extra space storage which has high exposure in new york and new jersey will see the biggest effect. perhaps as much as 33% of its portfolio. sovereign, up to 24%. this all according to analysts at cantor fitzgerald. now these reits are already up between 3% an 6% just since sandy hit. public storage is the largest of these self-storage reits. some haven't liked it lately because it's very expensive, but cantor upgraded it just before sandy hit from a sell to a hold. one caveat to all of of this, extraspace tellin
we saw it after katrina and sandy will be no different. why? of course, because people are trying to salvage what they can from their homes before they rebuild or repair and they need someplace to put it. plus, you've got builders, contractors, clean-up crews, they need somewhere to put their equipment. again, self-storage. what are the reits that will see the most action? extra space storage where we are today, sovereign self-storage, and cube smart, to name a few. demand from sandy will drive...
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Oct 29, 2012
10/12
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hurricane sandy. >>> scott, thank you very much. we continue our breaking news coverage. hurricane sandy lashing out at the east coast of the united states. streets are flooding. that's the least of it. beaches eroding. this is the real deal, sue. >> indeed it is, ty. i'm sue herera. welcome to "power lunch." we have reporters and live cameras spanned out from washington, d.c. all the way up to new england. but we're going to start with meteorologist todd gross for an update. >> it is still looking grim. basically the two important things to note about this storm are number one, it is transitioning right now in to an extra tropical storm. non-hurricane. it's doing so with a very deep central pressure. you see that 943 mb? that means it is 943 millibars. sounds technical? it means it is a really deep storm, even for a hurricane, and it is transitioning into a non-hurricane, and yet maintaining its strength. that's one important factor. the other important factor is take a look at the bends that this st
hurricane sandy. >>> scott, thank you very much. we continue our breaking news coverage. hurricane sandy lashing out at the east coast of the united states. streets are flooding. that's the least of it. beaches eroding. this is the real deal, sue. >> indeed it is, ty. i'm sue herera. welcome to "power lunch." we have reporters and live cameras spanned out from washington, d.c. all the way up to new england. but we're going to start with meteorologist todd gross for an...
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Oct 30, 2012
10/12
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today on "power lunch," surviving sandy. three important areas we're going to focus on, insurance and the frightening comparison. one insurance executive is making about the impact of sandy. a hit to the retail sector, damage to property and a washed-out holiday. we will see who is best poised to recover quickest. >>> and how do you secure that crane, and we're looking live at the crane dangling precariously over west 57th street in manhattanch the latest on "power lunch." now back to scott and "fafl half." >> let's get over to bob pisani at the news desk and a statement from the new york stock exchange regarding tomorrow. >> we do, and it looks like all statements are go. let me read the statement. the nyse will open with all normal trading with equity and bond markets and derivative options on wednesday, october 31st. trading will commence on the nyse exchange at 9:30 a.m. under normal opening procedures, and the nyse building and trading floor are fully operational. the ceo pending a statement saying we're pleased we turn
today on "power lunch," surviving sandy. three important areas we're going to focus on, insurance and the frightening comparison. one insurance executive is making about the impact of sandy. a hit to the retail sector, damage to property and a washed-out holiday. we will see who is best poised to recover quickest. >>> and how do you secure that crane, and we're looking live at the crane dangling precariously over west 57th street in manhattanch the latest on "power...
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Oct 30, 2012
10/12
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hurricane sandy or super storm sandy made landfall there. there is widespread flooding and severe damage to the casinos that dot the boardwalk. our kayla tausche is live in atlantic zwhachlt are you s atlantic city. what are you seeing, kayla? >> reporter: this morning at a press conference, governor chris christie saying he was trying to come out to the jersey shore to assess the damage but couldn't find anywhere to land in a police helicopter that being said you most of his comments were directed to seaside heights, brian was just describing, a little bit due south of here. certainly, atlantic city took the brunt of that hit yesterday when sandy actually made landfall here. the storm surge was record height. flood the city, onto the boardwalk and several intersections back. it is a different story. you remember those iconic visuals of the iconic boardwalk floating off into town yesterday? well, that's not the main part of the boardwalk, we are happy to report. it is actually the far north end of the boardwalk, at the letters developed end
hurricane sandy or super storm sandy made landfall there. there is widespread flooding and severe damage to the casinos that dot the boardwalk. our kayla tausche is live in atlantic zwhachlt are you s atlantic city. what are you seeing, kayla? >> reporter: this morning at a press conference, governor chris christie saying he was trying to come out to the jersey shore to assess the damage but couldn't find anywhere to land in a police helicopter that being said you most of his comments...
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220
Oct 26, 2012
10/12
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there's a lot of talk about the impact of hurricane sandy but not a lot on the stock market. there's been play on roofing and water proofing company up a little bit here. rpm and wr grace do a lot of water proofing but i don't see heavy volume. insurance companies, understandably, some of the ones with exposures, little weak. travelers and chubb, not big volume in them. whitewave foods thinkds silk and land o lakes, opened at 19 and has broke the issuance price or fairly early this morning. that's a little bit disappointing. for the week s&p 500 down 1%, all of the damage today this week was done on tuesday. we're essentially unchanged from the close on tuesday. back to you. >> a lot of mid week volatility there. thank you, bob, we'll check back as news warrants, we're heading to the close. we will see. the dow at this point is up 16 points at this hour. >> a lot more to come on this busy edition of "the closing bell." >>> coming up, pointed questions, is the government using a manipulated interest rate that's costing tax mayors untolled millions? the officials sounding the a
there's a lot of talk about the impact of hurricane sandy but not a lot on the stock market. there's been play on roofing and water proofing company up a little bit here. rpm and wr grace do a lot of water proofing but i don't see heavy volume. insurance companies, understandably, some of the ones with exposures, little weak. travelers and chubb, not big volume in them. whitewave foods thinkds silk and land o lakes, opened at 19 and has broke the issuance price or fairly early this morning....
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Nov 1, 2012
11/12
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it's the necessity post-sandy. a lot of gas stations aren't open, and those that are, they might as well have a red velvet rope at the entrance. >> took about two hours, i think. if you have to do it, you have to do it. this is the only place you can come and get gasoline. >> well, we've been waiting here for -- what? over two hours trying to get gas. we're working up in new york city with the flood relief trying to clean up some of that water. we haven't made it there yet. >> reporter: what's behind the long lines? first and foremost, a lack of electricity. gas stations without power, they just can't pump gas. second, some stations that have gas may run out quickly. the new jersey gasoline retailers association says the average station has about a 30,000-gallon tank. on a normal day, it turuns throh one-third of that, about 10,000 gallons. but in a post-sandy world it is going to run through that much sooner. last week some important cogs in the supply chain are without power or damage. the solution for now, truck
it's the necessity post-sandy. a lot of gas stations aren't open, and those that are, they might as well have a red velvet rope at the entrance. >> took about two hours, i think. if you have to do it, you have to do it. this is the only place you can come and get gasoline. >> well, we've been waiting here for -- what? over two hours trying to get gas. we're working up in new york city with the flood relief trying to clean up some of that water. we haven't made it there yet. >>...
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Dec 6, 2012
12/12
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early thanksgiving, hurricane sandy. is this rally at the end of the day having anything to do with any anticipation of the jobs report? what are you looking for? >> no, i don't think so. we're looking for almost exactly half. we had 171,000. the consensus is 85 to 90,000. we're looking at half. i understand that, you know, superstorm san difs a horrible event, and i am sure it's going to take some jobs out, but it's going to also be a bit of an excusetrending well. i'll give you an example. wells fargo gallup does a small survey. on hiring, small businesses dropped to the lowest level of opt miimism in four years. it doesn't matter what ben bernanke does. i think his programs have long since not really helped the employment side, but the fiscal cliff is doing obvious damage. that's going to make what everybody knows is coming. we ran out of two years to sell. they're going to go from a twist to outright purchases. it's fully built into the market, but it isn't going to help. the fiscal cliff is going to do more damage t
early thanksgiving, hurricane sandy. is this rally at the end of the day having anything to do with any anticipation of the jobs report? what are you looking for? >> no, i don't think so. we're looking for almost exactly half. we had 171,000. the consensus is 85 to 90,000. we're looking at half. i understand that, you know, superstorm san difs a horrible event, and i am sure it's going to take some jobs out, but it's going to also be a bit of an excusetrending well. i'll give you an...
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Oct 25, 2012
10/12
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hurricane sandy is looking like a real threat up the entire atlantic seaboard. the latest timeline and the scary storm track coming up. when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. hahahaha! hooohooo, hahaha! this is awesome! folks who save hundreds of dollars switching to geico sure are happy. i'd say happier than a slinky on an escalator. get happy. get geico. melons!!! oh yeah!! well that was uncalled for. folks who save hundreds of dollars switching to geico sure are happy. how happy, ronny? happier than gallagher at a farmers' market. get happy. get geico. >>> it is street talk time. first up, let's take a look at p&g, procter & gamble. the stock is higher today, rise morgue than expect more than expected. >>> $1.06 estimate v
hurricane sandy is looking like a real threat up the entire atlantic seaboard. the latest timeline and the scary storm track coming up. when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students....
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Oct 25, 2012
10/12
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. >> oh, sandy. >>> welcome back. are you ready for sandy? millions of northeasterners who remember last year's freak storm event in october that left so many without power are saying a collective "not again." weather channel meteorologist reynolds wolf in atlanta with the latest on the upcoming storm. >> let's get you and the rest of america up to speed with what we can expect with sandy. to give you a full picture, let's look at what it's doing right now. you see the winds at 105 miles per hour sustained. the pressure at 963. it's moving to the north and doing so at a fairly decent rate. the center is about 130 miles south of the central ffecting p the u.s. in fact, south florida, heavy rainfall. some very heavy cells bringing that intense rainfall along parts of south florida and into the keys. the problem is the storm it going to continue to move. this hurricane, at least according to the latest path we have, it's going to do two things. it's going to continue its march to the north, northwest. by the time we get to this evening, winds of
. >> oh, sandy. >>> welcome back. are you ready for sandy? millions of northeasterners who remember last year's freak storm event in october that left so many without power are saying a collective "not again." weather channel meteorologist reynolds wolf in atlanta with the latest on the upcoming storm. >> let's get you and the rest of america up to speed with what we can expect with sandy. to give you a full picture, let's look at what it's doing right now. you...
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Dec 19, 2012
12/12
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some of the furniture that was unaffected from sandy hook has been moved there. as for the kids, still a process in the works. we are talking with counselors and with parents of the survivors. they want to make sure that they do this the right way. every one involved say it is important that they go back together. they think that is important for them. >> in a routine. jay gray, we appreciate it. thank you. all right. all right now, some better news, american oil and gas companies have so much product that they are ready to start exporting worldwide. but wait until you hear who is trying to stand in their way. free market capitalism is always the best path to prosperity. we will be right back. [ male announcer ] this is joe woods' first day of work. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide hi
some of the furniture that was unaffected from sandy hook has been moved there. as for the kids, still a process in the works. we are talking with counselors and with parents of the survivors. they want to make sure that they do this the right way. every one involved say it is important that they go back together. they think that is important for them. >> in a routine. jay gray, we appreciate it. thank you. all right. all right now, some better news, american oil and gas companies have so...
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Jul 25, 2012
07/12
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not sandy weill's. it's one thing to hear people like me or barney frank or the president say these things but an insider as the architect of the measures looks back and recognizes just how dysfunctional they have been for the markets and the reputation of the market sector, we all ought to be listening. >> jared, you agree with sandy weill? >> i deeply agree with him. maybe more accurate to say he finally disagrees with me. >> does this render the beast that dodd-frank and the voel kerr rule intended to tame worthless? are those laws needed if we do what's suggested? >> perhaps the volcker rule could be preempted by the kind of suggestion and sandy speaking with clarity about this i found it pretty convincing. just look at the jpmorgan london whale story. was ate proprietary trade or not? >> i think it was. if you hive them off that way, it obviates the questions. >> what's amazing is banker's remorse in the last few years. right? you mentioned phil purcell. i mean, does it matter they're coming out sa
not sandy weill's. it's one thing to hear people like me or barney frank or the president say these things but an insider as the architect of the measures looks back and recognizes just how dysfunctional they have been for the markets and the reputation of the market sector, we all ought to be listening. >> jared, you agree with sandy weill? >> i deeply agree with him. maybe more accurate to say he finally disagrees with me. >> does this render the beast that dodd-frank and...
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Oct 31, 2012
10/12
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how is the first day of trading since hurricane sandy? let's ask managing director at lessard national markets. >> it is good to be back. two days seems like an etesht when you're trying to place a bet and express an opinion in this marketplace so it is very difficult to wait this out. obviously a terrible tragedy, this national disaster. but we have to balance out the fact that we are back in business with the fact that, as bob just pointed out, it is very difficult to get to new york right now. i would tell you that the volumes aren't three days worth of volumes all wrapped up in one. we'll see that normalize over the course of the week. >> indeed. it is horrible to talk about these things in light of the tragedy that's ensued. but nonetheless, what are you doing in terms of making a buck? for example, where is the trade in the wake of the hurricane? >> one of the things you'll want to be very careful is on the overshoot. pisani just pointed out a few things. obviously people look at the home depots and lowlowe's and t a step further an
how is the first day of trading since hurricane sandy? let's ask managing director at lessard national markets. >> it is good to be back. two days seems like an etesht when you're trying to place a bet and express an opinion in this marketplace so it is very difficult to wait this out. obviously a terrible tragedy, this national disaster. but we have to balance out the fact that we are back in business with the fact that, as bob just pointed out, it is very difficult to get to new york...
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Nov 1, 2012
11/12
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sandy is one of them. the real economy might end up being boostered far more than we initially thought, simply because the federal government is stepping up to get the job done. logan in texas. logan? >> caller: boo-yah, jim. hope all is well. >> it's all right. thank you, logan. thanks for asking. how are you? >> caller: i'm doing great. i think it was about two months i called you and i was asking about the stocks beacon roofing. ticker becn. you said you liked the stock but thought that it could get it at a lower price. since then, the stock has continued to rise and today in particular it had a spike. so i was wondering, do you think it's going to continue to rise or is it going to slump back? >> well, i'm glad that you called me on me, but i liked the stock but didn't tell you to buy it. that was a mistake. you should have been die -- buying it. i like beacon. beacon is a better trade. can it come down? i think it can come down, but this time you gotta buy it and it doesn't have to come down too much
sandy is one of them. the real economy might end up being boostered far more than we initially thought, simply because the federal government is stepping up to get the job done. logan in texas. logan? >> caller: boo-yah, jim. hope all is well. >> it's all right. thank you, logan. thanks for asking. how are you? >> caller: i'm doing great. i think it was about two months i called you and i was asking about the stocks beacon roofing. ticker becn. you said you liked the stock but...
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Oct 26, 2012
10/12
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they're pretty well reserved for sandy. of course, estimating any potential damage is difficult now. it will depend on the strength of the winds and of course the storm surge. but keep in mind hundreds of billions of dollars worth of residential property are in the path of this storm. >> mary, for the moment, thank you very much. >>> meantime, one of the most interesting things over the last 24 hours has been the resilience of apple stock on the back, of course, of its earnings miss. pre-orders for the ipad mini being taken today. can the business keep up with demands or is it turning into a case of whether apple can keep demand going. >>> plus, ahead in the show, united airlines pilots up in arms after a key safety feature is taken away from their planes. jane wells, what on earth is going on? >> reporter: simon, say you bought a new car, had an extra piece of safety equipment in it, like an extra air bag. wasn't mandatory but came with the car. would you pay to take it out? united has done something similar with the 787 a
they're pretty well reserved for sandy. of course, estimating any potential damage is difficult now. it will depend on the strength of the winds and of course the storm surge. but keep in mind hundreds of billions of dollars worth of residential property are in the path of this storm. >> mary, for the moment, thank you very much. >>> meantime, one of the most interesting things over the last 24 hours has been the resilience of apple stock on the back, of course, of its earnings...
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Nov 1, 2012
11/12
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hurricane sandy. we'll be back in a minute. we don't call this our company, we call this our mission. green toys teaches children that if i have a milk jug and i stick it in the recycling bin it can turn into something new. chase allows us to buy capital equipment to be able to manufacture in the states to the scale we need to be a global company. with a little luck green toys could be the next great american brand. find what's next for your business at chase.com/mainstreet >>> the eye of hurricane sandy hit the jersey shore hard washing away whole economies in just a short 48-hour period. kayla? >> reporter: well, melissa, tom's river is just across the bay from seaside heights and suffered similar devastation during sandy, you see some of these polls on the docks here on tom's river on the bay. water was higher than that during the storm and a back porch actually detached with a jet ski tied to it and is close to where we're shooting right now. we went through the town and talked to some of the neig
hurricane sandy. we'll be back in a minute. we don't call this our company, we call this our mission. green toys teaches children that if i have a milk jug and i stick it in the recycling bin it can turn into something new. chase allows us to buy capital equipment to be able to manufacture in the states to the scale we need to be a global company. with a little luck green toys could be the next great american brand. find what's next for your business at chase.com/mainstreet >>> the eye...
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Nov 2, 2012
11/12
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but with sandy we have yet to see these big checks from the wealthy. why? well, charity experts tell me that many of the wealthy are still digging out themselves. some of the most expensive neighborhoods in the country were hit by sandy and they still don't have power or water. also, it's early. wealthy donors don't want to duplicate efforts of the government, they don't want to send water to staten island if the coast guard is already there, for instance. they do want to figure out longer term needs, whether that's better evacuation systems, help for the elderly or taking a closer look as many are now at climate change. meanwhile, companies are also stepping up. jpmorgan is giving $5 million. disney's giving $2 million. fedex, toyota, viacom are all now among the biggest donors and that list is growing. one advisor told me mega checks from the wealthy will come, they always do. back to you, michelle. >> i'll take it, robert. >>> we're going to dive a little bit deeper now into the business of charities. best ways to collect and distribute money after a dis
but with sandy we have yet to see these big checks from the wealthy. why? well, charity experts tell me that many of the wealthy are still digging out themselves. some of the most expensive neighborhoods in the country were hit by sandy and they still don't have power or water. also, it's early. wealthy donors don't want to duplicate efforts of the government, they don't want to send water to staten island if the coast guard is already there, for instance. they do want to figure out longer term...
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Nov 8, 2012
11/12
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what about hurricane sandy and its effect? there are those who say that people are going to have to replenish certainly and as a result of that, that will boost sales. but other people are saying a number of these retailers are going to get very hard as a result of this natural disaster. >> your latter point is completely correct that the retailers will be hit very hard. the terrific team at home depot sold all the generators to lumber to replacement equipment and windows. that shifts consumer savings to home depot and lowe's and away from the luxury discount department store retailers. also many people -- 90% of people typically don't have flood insurance so there's less disposable income. it could be the start of a retail recession beginning this week through the holidays, into next year. >> thank you, good to talk with you. >> likewise. appreciate it, as always. >>> thank you very much. it is not just retailers. new york governor andrew cuomo in a news conference just a few minutes ago said the damage from sandy could cost
what about hurricane sandy and its effect? there are those who say that people are going to have to replenish certainly and as a result of that, that will boost sales. but other people are saying a number of these retailers are going to get very hard as a result of this natural disaster. >> your latter point is completely correct that the retailers will be hit very hard. the terrific team at home depot sold all the generators to lumber to replacement equipment and windows. that shifts...
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Dec 14, 2012
12/12
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sandy, nice numbers. okay. let's talk about the buying opportunities and how allocate capital in the midst of all of thighs issues that we talk about so much, in particular the fiscal cliff. >> well, i don't think you can trade around the fiscal cliff. if you have cash and plenty of people have cash on the sidelines and you do get that sharp selloff because congress cannot avert the fiscal cliff and we fall over in the new year, take advantage of it and get into the market because it will be a terrific buying opportunity. >> should i be waiting though for the buying opportunity? in other words, we know capital gains taxes will be higher next year. should i be trying to get out of my winners and look for a market selloff to get back in? >> well, look, if you haven't taken gains this year, you should take more than you're normally accustomed to. i think that's a no-brainer, and if you want to -- if you want to wait for that buying opportunity, you're taking risk because if congress and the white house can get tha
sandy, nice numbers. okay. let's talk about the buying opportunities and how allocate capital in the midst of all of thighs issues that we talk about so much, in particular the fiscal cliff. >> well, i don't think you can trade around the fiscal cliff. if you have cash and plenty of people have cash on the sidelines and you do get that sharp selloff because congress cannot avert the fiscal cliff and we fall over in the new year, take advantage of it and get into the market because it will...
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Nov 6, 2012
11/12
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plus, the latest on sandy's recovery and the coming storm and all the stock news you need to know. yes, mandy there is stock news today. >> indeed there is. well, let's get to the markets, the dow is on track for a second day in the sun today and if the dow's gain exceeds 136 points at the close it is doing that right now, by the way, it will be the dow's biggest point gain since september 13th. as for the s & p 500 now up for the fourth time in five day none of the major averages have had winning streaks as long as three days in about three weeks. by the way, the s & p 500 rallied 67% since president obama took office. take a look at the nasdaq, also higher, on the last election day, november 4, 2008 you can the nasdaq gaped 3.1%. the dow, 3.3% and the s & p, 4.1%. get down to bob pisani you the floor of the new york stock exchange. bob what are the markets telling us about what is happening with the election? >> i see a classic risk-on trade that doesn't necessarily favor either candidate but some resolution of all of this. what do you see in a risk-on trade, what we are seeing t
plus, the latest on sandy's recovery and the coming storm and all the stock news you need to know. yes, mandy there is stock news today. >> indeed there is. well, let's get to the markets, the dow is on track for a second day in the sun today and if the dow's gain exceeds 136 points at the close it is doing that right now, by the way, it will be the dow's biggest point gain since september 13th. as for the s & p 500 now up for the fourth time in five day none of the major averages...
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Nov 5, 2012
11/12
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early estimates put sandy among the costliest u.s. catastrophes. forecasting a cost between $10 billion and $20 billion worth of insured losses. the final tally impacted by, among other things, power in the transportation grids. as for the insurance industry with over $500 billion in capital it can pay expected claims. at last year's premium increases and a decline in catastrophe claims bulked up their profile. deutsche bank claims it could trim earnings by 36% but it could also help insurers later giving them cover to raise premiums. back to you. >>> sandynjrelief fund.org. mary pat christie is on the news line with us right now. welcome. good to have you with us. >> thanks, tyler. >> at some risk, i ask how are you and the christie family holding up? your husband and you have both then tireless this last week. gout to be pretty tired these days? >> we're doing pretty well. it's all relative, right, tyler? we don't have power yet but hopeful that we will soon. i'm also hopeful that our children get to go back to school tomorrow. >> we're in the sa
early estimates put sandy among the costliest u.s. catastrophes. forecasting a cost between $10 billion and $20 billion worth of insured losses. the final tally impacted by, among other things, power in the transportation grids. as for the insurance industry with over $500 billion in capital it can pay expected claims. at last year's premium increases and a decline in catastrophe claims bulked up their profile. deutsche bank claims it could trim earnings by 36% but it could also help insurers...
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Nov 8, 2012
11/12
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nor'easter athena certainly adding to the squeeze that was started by hurricane sandy last week. according to the department of energy the number of gas stations in the new york metropolitan area that do not have gas has actually risen in the last two days after declining. the question is are the long lines about to get longer and what does that mean for the price at the pump? let's start talking futures now. rachel chisholm is at the cme at chicago and anthony grisanti at the nymex in new york. gris, how much is athena related? >> athena and sandy, there's a window for lower gasoline prices and i'm afraid that window and closing rapidly and we started out before sandy and athena and the lowest level since the year 2000 on the east coast and now you add the problems of the refinery taking four more weeks to restart and we'll add to the deficit in gasoline supplies. >> hey, rich, to what extent are the seasonal factors going to determine gas' next move? >> jackie, take a look at the chart. we gave you a three-week chart and you simply look at the november price ban. and you buy it
nor'easter athena certainly adding to the squeeze that was started by hurricane sandy last week. according to the department of energy the number of gas stations in the new york metropolitan area that do not have gas has actually risen in the last two days after declining. the question is are the long lines about to get longer and what does that mean for the price at the pump? let's start talking futures now. rachel chisholm is at the cme at chicago and anthony grisanti at the nymex in new...
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Dec 3, 2012
12/12
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sandy stimulated sales of new cars last month. see which automaker drove away with bigger gains, ford or gm. >> then pain at the pump. our next guest is warning a new ethanol fuel blend that not only costs more but adds to the cost of food could damage your car and void your warranty. really? you're going to want to hear this coming up. >>> and banks be aware. a third of americans would rather get a mortgage from walmart than a bank, even though walmart doesn't offer them, at least not yet. we'll hear from somebody saying offering home loans would be a boone for walmart stocks. [ male announcer ] this december, remember -- you can stay in and share something... ♪ ♪ ...or you can get out there with your friends and actually share something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. offering some of our best values of the year. when you take a closer look... ...at the best schools in the world... ...you see they all have something very i
sandy stimulated sales of new cars last month. see which automaker drove away with bigger gains, ford or gm. >> then pain at the pump. our next guest is warning a new ethanol fuel blend that not only costs more but adds to the cost of food could damage your car and void your warranty. really? you're going to want to hear this coming up. >>> and banks be aware. a third of americans would rather get a mortgage from walmart than a bank, even though walmart doesn't offer them, at...
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Nov 2, 2012
11/12
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again, i'm saying with something like sandy, sandy requires fema help. yes. i agree with that. question is, how, when, where and why and how? down through our history your column says the united states has had a different structure and more federalism and more use of state and local government. >> absolutely, larry. this is a "bloomberg" column that says, goes back to prewar and notes when we had a crisis often the red cross would lead it. the red cross would have the moral support and organizational support of the government, but the red cross would lead and go down. there was a very famous flood in "forgotten man" and my new book "the biography of coolidge," the flood of the mississippi. it was terrible. the president did not go down. that was coolidge. why not? he wanted the states and the private sector and the charities to take the lead. >> i got to leave it there. we're going to finish this conversation on the radio tomorrow. that's what we're going to. we're going to have more time. that's terrific. thanks. that's it for this evening's show. thanks for watching. stay tun
again, i'm saying with something like sandy, sandy requires fema help. yes. i agree with that. question is, how, when, where and why and how? down through our history your column says the united states has had a different structure and more federalism and more use of state and local government. >> absolutely, larry. this is a "bloomberg" column that says, goes back to prewar and notes when we had a crisis often the red cross would lead it. the red cross would have the moral...
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Nov 28, 2012
11/12
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should those hit hardest by hurricane sandy set money aside to help hurricane victims? stick around. having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. monarch of marketing analysis. with the ability to improve roi through seo all by cob. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. i'm going
should those hit hardest by hurricane sandy set money aside to help hurricane victims? stick around. having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser...
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Sep 12, 2013
09/13
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that's a town ravaged by last fall's superstorm sandy. they're reporting that 80%, 80% of the boardwalk has already been destroyed. we're going to go live to the shore a little later this hour. >>> switching gears now. all of a sudden government shutdown looks closer and closer. the deadline, as you know, is september 30th. a republican push to defund or delay obama care is at the heart of the latest budget standoff. you know what, right now it's republican versus republican rather than the gop versus the dems. let's talk. here is politico reporter jonathan strong from the national review. thank you, jonathan. i don't really get this because it's kind of a moving target. first some of this was going to be defunded through the cr or it was going to be defunded through the debt ceiling. they don't have a quorum majority inside the gop. tell us what's happening. >> good evening. it's a very fluid situation on capitol hill. majority leader eric cantor introduced his proposal to force a vote on obama care. it provoked a revolt a among the cons
that's a town ravaged by last fall's superstorm sandy. they're reporting that 80%, 80% of the boardwalk has already been destroyed. we're going to go live to the shore a little later this hour. >>> switching gears now. all of a sudden government shutdown looks closer and closer. the deadline, as you know, is september 30th. a republican push to defund or delay obama care is at the heart of the latest budget standoff. you know what, right now it's republican versus republican rather...